Fannie Mae recently executed two credit insurance risk transfer transactions on $50 billion of single-family loans in efforts to reduce taxpayer risk.
Read More »First-Time Buyers Continue to Feel Supply Chain Impact
As new home sales experienced a decline in February, the 20.4% rise in building materials year-over-year is being passed on to the consumer and pricing many out of the market.
Read More »Wendell Chambliss Named Freddie Mac SVP, Chief Diversity Officer
Freddie Mac announced that Wendell Chambliss, a 20-year veteran of the company, has been appointed Senior VP and Chief Diversity and Inclusion Officer (CDIO). In this newly created role, Chambliss will be responsible for programs and initiatives to bring greater ...
Read More »White House Aims to Advance Equity in the Appraisal Process
The PAVE Action Plan is aimed at advancing equity in the appraisal process and promoting generational wealth creation through homeownership.
Read More »Your Home Probably Earned More Than You Did Last Year
There Are 2,080 work hours in a year, assuming a standard 40-hour work week, and depending on your job, your earnings may vary widely. But according to Zillow, if you owned a home last year in a major metropolitan Area, ...
Read More »HUD Distributes Nearly $3B in Disaster Recovery Funds
Ten local governments and 13 state governments share in $3 billion to strengthen recovery efforts and improve inclusive resilience to future disasters and climate impacts.
Read More »March Sales to Produce Largest Monthly Increase in Closings
RE/MAX released its National Housing Report for February 2022, revealing home sales fell approximately 1% from January, planning for what is typically the year's biggest month-over-month incline in sales. March is typically considered the start of the spring home-selling season, ...
Read More »Mr. Cooper Acquires Residential Portfolio of Community Loan Servicing
In addition to the servicing of approximately 140,000 residential mortgage loans, Mr. Cooper Group will add more than 500 CLS employees to its team under new deal.
Read More »Existing Home Sales Outperform Market Potential
First American Financial Corporation released its First American’s Potential Home Sales Model for the month of February 2022. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing ...
Read More »Military Conflict Complicates Fannie Mae’s Estimates
No matter what you call it, the conflict in Ukraine is creating worldwide macroeconomic events that will trickle down to every segment of the economy over the course of the year. Knowing this, the Economic and Strategic Research Group (ESR) at ...
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